American manufacturing's postwar boom from the 1940s through the 1970s resulted from conditions that cannot be recreated, a story on WSJ argues. Global competitors had been destroyed by war. Energy was cheap. Unions could demand concessions without fearing job losses to foreign rivals. Strikes were frequent in steel, auto, trucking, rubber and… Read More »
An anonymous reader shares a report: Automattic, the company that owns WordPress.com, is asking Automatic.CSS -- a company that provides a CSS framework for WordPress page builders -- to change its name amid public spats between Automattic founder Matt Mullenweg and Automatic.CSS creator Kevin Geary. Automattic has two T's as a nod to Matt. "As… Read More »
OpenAI CFO Sarah Friar said late Wednesday that the AI startup is not seeking a government backstop for its infrastructure commitments, clarifying previous comments she made on stage during the Wall Street Journal's Tech Live event. From a report: At the event, Friar said OpenAI is looking to create an ecosystem of banks, private equity and a… Read More »
An anonymous reader shares a report: US software company SAS Institute has withdrawn from mainland China and dismissed its local staff, according to a Beijing-based employee affected by the move, as the analytics specialist ended more than two decades of operations amid intense domestic competition and geopolitical tensions. The company on… Read More »
The government shutdown-spurred airport chaos is about to get a whole lot worse. From a report: The Federal Aviation Administration said Wednesday it will reduce flight volumes by 10 percent across 40 major airports in response, a move that could threaten 3,000 to 4,500 flights daily. The cuts will affect "high volume" markets, including in… Read More »
Rockstar Games, the company behind the hit Grand Theft Auto franchise, said that the dozens of employees it fired last week were leaking company secrets, disputing allegations by labor leaders that it was disrupting workers' attempt to unionize. From a report: The employees had been sharing company information in a forum that included… Read More »
Nvidia chief executive Jensen Huang has warned that China will beat the US in the AI race, thanks to lower energy costs and looser regulations. From a report: In the starkest comments yet from the head of the world's most valuable company, Huang told the FT: "China is going to win the AI race." Huang's remarks come after the Trump administration… Read More »